The stock markets are going down but it does not mean that the investors are without all hope. They still have hope and whenever they are seeing a bit of light in the darkness, they are jumping in to take a shot to help recover the economy. When Gilead Sciences announced that their drugs are showing some kind of effectiveness in the Coronavirus pandemic, the future of the US stock market saw a surge upwards. The Dow Jones Industrial Average futures leaped by about 789 points and showed a gain of about 777 points. The Nasdaq 100 futures got a 2% climb and the S&P 500 futures got up by 2.9%.
It is clear that the treatment solution is showing investors hope that the country would soon reopen and the economy might be back in order.
While Gilead did mention that we should not depend completely on anecdotal evidence, this ray of good hope is just showing that an effective treatment fast can be a great way to restart the economy.